Home / Going-concern warnings / Sable Offshore Corp.
Filed 2026-08-10 路 Form 10-Q 路 Accession 0001831481-26-000104 small
Price before filing: $4.75 (2026-08-07 close, split/dividend-adjusted)
Market cap at flag: $781.2M (2026-08-10) 路 Latest: $509.5M (2026-10-16)
| Window | SOC | SPY | vs SPY | |
|---|---|---|---|---|
| 30 days | +3.6% | -1.4% | +5.0% | 2026-09-09 |
| 90 days | pending | pending | until 2026-11-08 | |
| 180 days | pending | pending | until 2027-02-06 | |
| 1 year | pending | pending | until 2027-08-10 |
Return from the last close before the filing date to the first close on/after the window end. Pending windows have not fully elapsed. Past performance says nothing certain about the future.
90 days before the flag: no open-market insider sales or purchases reported.
30 days after: none reported.
Open-market purchases and sales (Form 4 codes P and S) by officers, directors and 10% owners, by transaction date, from 2026-05-12 to 2026-09-09. Excludes option exercises, grants, gifts and tax withholding. Amended filings replace the originals; joint filings count once. Foreign private issuers do not file Form 4. Many insider sales are pre-scheduled (10b5-1 plans) and are not by themselves a sign of wrongdoing.
"Accordingly, substantial doubt regarding the Company's ability to continue as a going concern no longer exists as of the issuance date of the unaudited condensed consolidated financial statements contained in this Quarterly Report, which have been prepared on a basis that assumes the Company will continue as a going concern."
Quoted from the filing. Source
Going-concern doubt disclosed, then alleviated: the company said conditions raised substantial doubt about its ability to continue as a going concern, but that its plans or new funding resolve that doubt for the next 12 months. A weaker warning than an unresolved going-concern doubt, but the company recently needed a rescue plan or fresh money to stay afloat.
Source: management disclosure in Form 10-Q (period 2026-06-30)
Status: doubt alleviated (the company says its plans or new funding resolve the substantial doubt it disclosed)
Why this score: substantial doubt disclosed, then alleviated by management's plans or new funding; quarterly (unaudited) disclosure; also within 90 days: Auditor change
Read the original filing on SEC.gov →
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Not investment advice. Automated summary; verify against the filing.
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